This is a guest post blog by Jim Farmer, Coordinator, Scholarly Systems Group at Georgetown University and editor at the eReSS project, University of Hull.
On Friday, June 1st, the Advisory Committee on Student Financial Assistance released their report “Turn the Page: Making College Textbooks More Affordable.” Responding to a Congressional concern about high and rapidly increasing cost of “textbooks,” The Committee was asked “to conduct a one-year study of the cost of college textbooks and to make recommendations on increasing the affordability of textbooks.”
The report relied heavily on two commissioned papers. Dr. James V. Koch authored “An Economic Analysis of Textbook Pricing and Textbooks Markets” distributed in September 2006. He made some suggestions how the “markets” for textbooks could be improved to provide lower prices. (He did not use the term “textbooks and other learning materials” later used in the Advisory Committee’s report).
